Fortuna Silver Mines (TSE:FVI) Shares Pass Below 200 Day Moving Average – What’s Next?

Posted by Paula Ricardo on Jul 16th, 2026

Shares of Fortuna Silver Mines Inc. (TSE:FVI – Get Free Report) (NYSE:FSM) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.97 and traded as low as C$11.60. Fortuna Silver Mines shares last traded at C$11.90, with a volume of 789,680 shares trading hands.

Fortuna Silver Mines Trading Down 0.6%

The business’s 50-day moving average price is C$12.84 and its 200 day moving average price is C$13.97. The company has a market cap of C$3.61 billion, a P/E ratio of 11.23 and a beta of 2.67. The company has a debt-to-equity ratio of 11.81, a quick ratio of 1.15 and a current ratio of 3.17.

Fortuna Silver Mines (TSE:FVI – Get Free Report) (NYSE:FSM) last issued its earnings results on Wednesday, May 6th. The company reported C$0.50 earnings per share (EPS) for the quarter. The company had revenue of C$476.14 million for the quarter. Fortuna Silver Mines had a net margin of 31.11% and a return on equity of 20.79%. As a group, analysts expect that Fortuna Silver Mines Inc. will post 0.7856273 earnings per share for the current year.

Insider Buying and Selling

In other Fortuna Silver Mines news, Director Jorge A. Ganoza Durant purchased 20,000 shares of the stock in a transaction on Monday, May 11th. The shares were purchased at an average price of C$14.93 per share, with a total value of C$298,600.00. Following the completion of the transaction, the director directly owned 1,506,443 shares in the company, valued at C$22,491,193.99. This represents a 1.35% increase in their ownership of the stock. Insiders bought a total of 40,000 shares of company stock worth $579,200 in the last three months. Company insiders own 0.83% of the company’s stock.

Fortuna Silver Mines Company Profile

(Get Free Report)

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc, is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan.